Sydney Airport Takeover Offer

[OZDUCK]

Reports are appearing today that a US$17 billion offer to 'takeover' Sydney Airport has been made. Super Funds appear to be large partners in the offer bid. If the offer is successful I wonder if the new operators would be as rapacious as the current ones - my inclination is to say yes!

Sydney Airport gets US$17 billion takeover offer - Asian Aviation

Sydney Airport said on Monday (5 July) that it has received a A$22.3 billion (US$17 billion) takeover offer from a group including IFM Investors

asianaviation.com

 

[stryker]

If the offer is successful I wonder if the new operators would be as rapacious as the current ones - my inclination is to say yes!

Well yes, of course. That's why people own airports, because they can...

 

[bam71]

Bought some shares in them last year when the price was rather depressed on the rationale it can only go up eventually. Nice tidy profit this morning of 30%

 

[RooFlyer]

I wonder if the new operators would be as rapacious as the current ones - my inclination is to say yes!

Of course. Because they will pay too much and want to get their target rate of return AND, if there is any private equity involved, will want to plump up the bottom line for a flick in a few years.

 

[TheRealTMA]

Of course. Because they will pay too much and want to get their target rate of return AND, if there is any private equity involved, will want to plump up the bottom line for a flick in a few years.

SYD used to pay excellent dividends!

 

[OATEK]

I thought the super funds would be aiming to be able to strangle aviation to reduce the impact on climate change and then use the site for social housing.